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Ether
Ether (ETH) is the native cryptocurrency of the Ethereum blockchain, functioning as a fuel for operations within the network. It serves multiple purposes: as a digital currency, it can be bought, sold, and held as an investment; as a utility token, it's used to pay for transaction fees and computational services on the Ethereum network. Ether is integral to running decentralized applications (dApps) and executing smart contracts on Ethereum, providing the necessary resources for these operations. As Ethereum evolves, especially with upgrades like Ethereum 2.0, Ether's role remains central, facilitating not just transactions but also the broader ecosystem of decentralized finance (DeFi) and various blockchain-based applications.
Market Wrap: Bitcoin Briefly Drops Close to $28K as Ether Futures Heat Up
Profit-taking helped lead bitcoin lower Monday while more investors are eyeing ether with great interest.
First Mover: Bitcoin's Plunge to $31K Shows How Bullish Market Had Become
It's anybody's guess where cryptocurrency markets might end 2021, but so far all signs point to further gains.
Ether Price Passes $1,150 to Hit Highest Since January 2018
Ethereum's native cryptocurrency, ether, jumped to its highest level since early 2018 following a 43% gain last week.
Ether Hits $1,000 for First Time Since 2018, Hours After Crossing $800
The native currency of the Ethereum network hit a nearly three-year high of $914.20 before settling back to $809.86.
Market Wrap: Bitcoin Closes 2020 Near Record Highs
Bitcoin nearly triples its price in 2020 and ends the year close to $29,000, but ether gained 450%.
Market Wrap: Bitcoin Nears $29K While Ether Options Trader Makes Long-Shot Bet
Another day, another all-time high in bitcoin as the cryptocurrency changed hands as high as $28,871.78.
Market Wrap: Bitcoin Down to $26K but Traders Remain Bullish
Bitcoin fell to the $26,000 level after it hit above $28,000 on Sunday, yet markets remain bullish on both retail and institutional interest.
Market Wrap: Bitcoin Hovers Around $27K While ETH/BTC Pair Goes Bullish
Bitcoin takes a break after record price-setting Sunday while some traders are plowing BTC into ETH.
Institutions Will Start Buying Ether in 2021, Messari Analyst Says
CME Group's announcement that it will launch ether (ETH) futures on Feb. 8, 2021, could spur heightened institutional interest.
